A,A,A,A,A or A,A,B,C,D? Over-Diversification in Repeated Decision Problems

Ariel Rubinstein ()

Working Papers from Tel Aviv

Abstract: This paper deals with repeated decision problems which are similar to the task of guessing the color outcomes of five independent spinnings of a roulette wheel, 60% of whose slots are covered in red and 40% in white, where each correct guess yields a prize of 1$.

Keywords: DECISION; MAKING (search for similar items in EconPapers)
JEL-codes: D00 D80 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2000
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Working Paper: A,A,A,A,A or A,A,B,C,D? Over-Diversification in Repeated Decision Problems (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:teavfo:2000-10

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